Ben Bernanke Stories
A list of the most recent stories about Ben Bernanke.
Bernanke signals Fed to maintain stimulus efforts
Chairman Ben Bernanke is telling Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to end its extraordinary stimulus programs. Reducing the Fed's efforts to keep borrowing rates low would "carry a substantial risk of slowing or ending the economic ...
Stocks surge as Bernanke retains dovish ton
Federal Reserve Chairman Ben Bernanke's signal that monetary policy will remain loose gave stocks another lift Wednesday, paving the way for many indexes to advance to new record highs. Following a run of upbeat U.S. economic news, largely related to housing and jobs, there had been talk in the markets ...
Stocks rise on Fed stimulus hopes, home sales
Stocks are moving higher Wednesday morning after Federal Reserve Chairman Ben Bernanke said it was too soon for the central bank to pull back on its massive economic stimulus programs. Investors were also encouraged by news that sales of previously-occupied U.S. homes rose last month to the highest level in ...
Stocks edge higher as investors watch the Fed
Stocks are opening slightly higher as investors watch for the latest moves from the Federal Reserve. The Dow Jones industrial average was up 39 points at 15,424 shortly after the opening bell Wednesday, a gain of 0.2 percent. The Standard & Poor's 500 index was up four points at 1,673, ...
Oil stays near $96 before crude stocks report, Fed
The price of oil was little changed above $96 a barrel Wednesday as investors waited confirmation of a rise in U.S. crude stocks and the Federal Reserve's latest views on the U.S. economy. By early afternoon in Europe, benchmark crude for July delivery was down 3 cents to $96.15 a ...
Futures rise; all eyes on the Fed
U.S. stock futures are rising with the nation's central bank seemingly committed to ushering along a financial rebound and the housing market nearing an important milestone. Dow Jones industrial futures are up 15 points to 15,370. S&P futures have added 2.2 points to 1,667.80. Nasdaq futures are up 4.25 points ...
Bernanke testimony to be studied for policy clues
When Ben Bernanke testifies about the U.S. economy Wednesday, the Federal Reserve chairman's words will be examined for any clues that the Fed might soon taper — or increase — its support for the economy. The Fed is pursuing an aggressive program of bond purchases to try to keep long-term ...
Asia stocks rise as Fed official backs easy policy
Asian stock markets were mostly higher Wednesday after investor confidence was boosted by a Federal Reserve official's comments that the U.S. central bank should stick with its super-easy monetary policy. Regional Fed chief James Bullard said in a speech Tuesday that the Fed should continue its monthly $85 billion in ...
Stocks gain on reassurance from a top Fed official
Reassuring comments from a Federal Reserve official and better earnings from two big retailers helped push the stock market higher Tuesday. Stock indexes wobbled between gains and losses in early trading, then took a turn higher just before noon. That's when news crossed that James Bullard, head of the Fed's ...
Stock indexes head higher in afternoon trading
The stock market turned higher Tuesday as investors banked on continued policy support from the Federal Reserve. Two big retailers also topped Wall Street expectations for the most recent quarter. The Dow Jones industrial average rose 64 points to 15,399 shortly after 1 p.m. Eastern time, though trading volume was ...
Oil price down to near $96 as traders wait for Fed
The price of oil fell to near $96 per barrel Tuesday as investors waited for the Federal Reserve's latest views on the U.S. economy. By early afternoon in Europe, benchmark crude for June delivery was down 60 cents to $96.11 a barrel in electronic trading on the New York Mercantile ...
Futures fall as markets await hints from Fed
U.S. stock futures are down in light trading ahead of an appearance this week by Fed Chairman Ben Bernanke before Congress. Dow Jones industrial futures slipped 4 points to 15,315. S&P futures have given up 1.1 points to 1,663.50. Nasdaq futures are up 1.75 points to 3,019.25. Wall Street will ...
Asia stocks muted ahead of Fed meeting
Asian stock markets struggled to post gains Tuesday as investors waited for the U.S. Federal Reserve to telegraph what it plans to do next with its economic stimulus program. The Fed is currently conducting the third round of massive bond purchases known as quantitative easing to help drive down interest ...
Small company stock are a bright spot
Small-company stocks were a bright spot in a subdued start to the week for Wall Street. The Russell 2000, an index of small-company stocks, climbed above 1,000 points for the first time and ended higher Monday, even as the Dow Jones industrial average, the Standard & Poor's 500 index and ...
Oil rises on falling dollar; gasoline at $3.65
The price of oil rose Monday, taking its cue from the stock market and the dollar. Benchmark oil for June delivery gained 69 cents to close at $96.71 a barrel on the New York Mercantile Exchange. Oil moved higher as U.S. stock markets reversed early losses around midday. Although stocks ...
Stocks open slightly lower on Wall Street
Stocks are opening slightly lower on Wall Street as the stock market comes off of four straight weeks of gains. The Dow Jones industrial average fell 21 points to 15,332 shortly after the opening bell Monday, a loss of 0.1 percent. The Standard & Poor's 500 index was off a ...
US futures subdued as investors take stock
U.S. stock futures are relatively flat as investors take a breather and some analysts wonder how long the bull-market run can last. Dow Jones industrial average futures are down 7 points to 15,308. The broader S&P 500 is down less than a point at 1,662.3. Nasdaq futures are down 2.75 ...
Oil price falls below $96 a barrel
The price of oil fell Monday ahead of the release later this week of economic data from the U.S. and China, the world's two largest economies, and a speech by the Federal Reserve chief. Benchmark crude for June delivery was down 55 cents to $95.47 a barrel in electronic trading ...
Bloomberg bars reporters from client activity
Financial data and news company Bloomberg LP says it has corrected a "mistake" in its newsgathering policies and cut off its journalists' special access to client log-in activity on the company's ubiquitous trading information terminals after Goldman Sachs complained about the matter last month. A person familiar with the matter ...
Bernanke says Fed increasing financial monitoring
The Federal Reserve has broadened its oversight beyond banks and now monitors a wide-range of financial institutions that could hasten another financial crisis, Chairman Ben Bernanke said Friday. Bernanke said the Fed is still monitoring banks and other systematically important financial institutions. But it has widened its scope to include ...
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